Jump in steel production

Production of crude steel globally in July was 158.5 million tonnes (Mt), a 6.6% increase compared to July 2022. 

It is the latest monthly total from the 63 countries reporting to the World Steel Association (worldsteel). The previous monthly total for June was 158.8 million tonnes (Mt), down 0.1% compared to June 2022. 

Among the individual top 10 nations, China produced 90.8 Mt in July 2023, up 11.5% on a year earlier, while India was also up, by 14.3%, to 11.5 Mt. Japan produced 7.4 Mt, up 0.9%; the United States 6.9 Mt (+0.5%); Russia 6.3 Mt (+5.8%); South Korea 5.7 Mt (-9.0%); Germany 3.0 Mt (-0.5%); Turkey 2.9 Mt (+6.4%); Brazil 2.7 Mt (-4.7%) and Iran 2.0 Mt (-1.5%).